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Technology Stocks : Dell Technologies Inc.
DELL 130.17-2.3%12:24 PM EST

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To: J P Cross who wrote (47373)6/12/1998 3:21:00 PM
From: jim kelley  Read Replies (2) of 176387
 
J. P. Cross,

One problem with Vector Vest is that the numbers it uses in the computation of the value are wrong. For example, it has DELL's growth rate at 32% per year while DELL has actually been averaging 55 to 60 % per year.

Another problem is that they do not specify their formula for computation of value.

A third problem is that they do not accommodate stock buy backs as a form of tax free dividends to the stockholders.

I could go on but you probably get the idea.

It is however, an interesting methodology.
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